I'd expect some people to move some of their holdings in response to projects showing exceptional innovation... or at least to hedge their bets to an extent.
That happened a lot in the past. Every time a new anon coin boasting to be the next big thing came along people would hedge on it just in case, and every time they lost their money. Every time. That might explain some of the reluctance.
I think this hits the nail on the head. This is why there is reluctance. People got burned so many times they don't even want to look into any more alt-coins and their claims. But in time if Shadow keeps delivering on their goals, I think it will get the recognition it deserves.
Yeah, that makes sense and I can understand why people would be more cautious about investing in cryptocurrencies now. Still this isn't Cloakcoin, Shadow's already delivered the technology with the ShadowSend v2 release. That's the bit that puzzles me.
Yeah that is why I invested, because Shadow has already delivered on the tech, and that speaks for itself. I think the main thing needed is a good anonymous solution and also an easy to use experience for beginner mainstream users. In my opinion this is where Shadow has the competition beat. The wallet experience is incredibly impressive imo. I don't think other anonymous coins can even compare to Shadow's wallet experience.
I think the main problem is awareness. People got burnt on other coins, so they don't even look into Shadow because in their mind everything is a scam now. If people knew about Shadow's tech and just tried the wallet out, they would be really easy to convince about Shadow's value as a coin and investment.
When the ShadowMarket drops, its going to be incredible. I don't think people will be able to ignore it anymore.